Should You Buy Plug Power While It's Below $3?

Plug Power (NASDAQ: PLUG) is on a mission to deliver sustainable and clean energy with its innovative hydrogen fuel cells. According to one estimate by consultants at Deloitte, the green hydrogen market could skyrocket to a staggering $1.4 trillion by 2050, giving Plug Power massive upside potential.However, the clean energy company has faced major challenges over the last few years. After peaking at around $75 per share in 2021, the stock has since plummeted an astonishing 97% as it deals with business challenges and an ever-evolving environment.Plug Power may appear to be a bargain, with its shares down significantly and trading below $3 per share. But before you buy stock in the company, there are some things you'll want to consider first.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool